Top 9 payment gateway providers & services in Malaysia (2026)

Key takeaways:

• The top payment gateways in Malaysia include Airwallex, Stripe, Fiuu and Adaptis, each with different strengths in fees, payment methods and integration.

• Domestic card payments and local payment methods come with different fee structures, so it's important to compare pricing based on how your customers prefer to pay.

• Airwallex supports 160+ local payment methods and offers like-for-like settlement in up to 12 currencies, so you can reduce FX costs and improve checkout conversion.

Choosing between payment gateway providers is one of the most important decisions for any online business in Malaysia.

In this guide, we'll compare nine of the best payment gateway providers in Malaysia for 2026.

You'll learn how each platform compares in terms of payment methods, pricing, integrations, and ideal use cases, so you can choose the one that's the best fit for your business.

This guide compares payment gateways for businesses selling in Malaysia. If a significant portion of your customers are overseas, read our guide to the best international payment gateways instead.

If you're more interested in fee structures, pricing models, and how payment processing works end-to-end, our guide to payment processors in Malaysia covers that in detail.

6 features to look for in a payment gateway service provider

Before selecting a provider, look at these six features to make sure you choose one that fits your needs:

• Payment method coverage: Make sure the provider supports the payment methods your customers use, such as e-wallets, bank transfers, QR codes and buy now, pay later (BNPL).

• Developer tools and integrations: Look for APIs and plug-ins for platforms such as Shopify or WooCommerce that fit your existing setup.

• Security and fraud prevention: Check that the provider is PCI DSS compliant and offers tools for fraud detection and dispute management.

• Settlement and payout flexibility: Features such as like-for-like settlement and multi-currency wallets can help you avoid unnecessary currency conversions and manage your cash flow.

• Value-added services: Some providers also offer services such as card issuing, FX management and expense tracking, which may reduce the need for separate tools.

• Scalability: Make sure the platform can handle growing transaction volumes and support new sales channels as your business expands.

9 best payment gateway providers in Malaysia in 2026

The top payment gateway providers in Malaysia include Airwallex, Stripe, Fiuu, Adyen, Adaptis, Fiuu, HitPay, PayPal, Billplz and SenangPay. Here's a quick breakdown of each provider:

This information is based on publicly available information accessed on 24 Sep 2026. Information reflects Airwallex's own research and has not been independently verified.

1. Airwallex

Airwallex is well suited to businesses that want to accept local Malaysian payment methods while also selling internationally in 180+ countries.

It supports FPX, DuitNow, GrabPay, Touch 'n Go eWallet and international cards, with payment acceptance for both online and in-person sales through Airwallex POS.

Its Optimize 360 also uses machine learning to optimise payment routing, retries and 3DS decisions to help improve payment acceptance rates.

Key features:

• Local Malaysian payment methods

• Online and in-person payments

• Payment Links and hosted Checkout

• Shopify, WooCommerce and Magento plugins

• API and developer tools

• Multi-currency payment and settlement

• Interchange++ and blended pricing options

Airwallex has no setup fees, no monthly fees, and no minimum balance requirements. 

2. Adaptis (iPay88 and eGHL)

Adaptis is a strong choice for businesses whose customers are concentrated in Malaysia and Southeast Asia rather than worldwide.

The platform combines online payments, in-store acceptance and business services under one provider, making it particularly suitable for retailers and SMEs that operate across physical and digital sales channels.

Unlike some global payment gateways that focus primarily on payment acceptance, Adaptis also offers services such as merchant financing and local installment payment options. However, because pricing isn't published online, you'll need to contact its sales team to obtain a quote and compare costs against other providers.

Key features

• Online payment gateway

• In-store payment acceptance

• Omnichannel payment processing

• Local payment methods

• Bank instalment payment support

• Merchant financing

• Enterprise payment solutions

• APIs and integration tools

Information in this section is based on Adaptis’s official website as of 24 Sep 2026.

3. Adyen

Adyen is best suited to larger businesses that process high payment volumes across multiple markets and sales channels.

Rather than stitching together separate providers for online payments, point-of-sale terminals and reporting, Adyen brings these capabilities together in a single platform, giving merchants a unified view of payments across their business.

Its pricing follows an Interchange++ model, where the total transaction fee varies based on the underlying card and network costs. This offers greater transparency than flat-rate pricing but can make payment costs less predictable.

Key features:

• Online payment gateway

• In-store payment acceptance

• Omnichannel payment platform

• Global payment methods

• Multi-currency settlement

• Tap-to-pay support

• Self-service payment terminals

• Interchange++ pricing

• Fraud prevention and risk management

• APIs and developer tools

Information in this section is based on Adyen’s official website as of 24 Sep 2026.

4. Fiuu

Fiuu is well suited to businesses that primarily serve customers in Malaysia and Southeast Asia, particularly those with payment requirements beyond a standard online checkout.

In addition to online payment processing, it supports cash over-the-counter payments, virtual terminals and marketplace payment flows, making it a practical option for businesses that serve cash-paying customers or need to split payments between multiple parties.

If you accept payments in multiple currencies, it's worth confirming Fiuu's settlement and foreign exchange arrangements before signing up. While the platform supports cross-border payments, it doesn't publicly disclose detailed information about settlement currencies or FX conversion.

Key features:

• Online payment gateway

• Local and cross-border payment acceptance

• Cash over-the-counter (OTC) payments

• Virtual terminal

• Marketplace split payments

• Multi-party payouts

• APIs and developer tools

• eCommerce integrations

Information in this section is based on Fiuu’s official website as of 24 Sep 2026.

5. HitPay

HitPay is a good fit for small and growing businesses that want to start accepting payments quickly without investing in a complex payments infrastructure.

Beyond payment processing, it includes built-in commerce tools such as invoicing, payment links and an online store builder, allowing merchants to manage more of their sales workflow from a single platform.

While HitPay supports local payment methods in Malaysia and cross-border payments, businesses with a large international customer base should factor in its additional fee for foreign-currency transactions when comparing providers.

Key features:

• Online payment gateway

• Local payment methods

• QR payment acceptance

• Payment links

• Digital invoicing

• Online store builder

• Point-of-sale (POS) support

• Subscription payments

• APIs and developer tools

• eCommerce platform integrations

Information in this section is based on HitPay’s official website as of 24 Sep 2026.

6. PayPal

PayPal is best suited to businesses that want to offer customers a familiar and widely recognised way to pay online.

Because many consumers already have PayPal accounts with their payment details stored, offering PayPal at checkout can help reduce friction and encourage purchases, particularly for businesses that sell to international customers.

Unlike most payment gateways in this guide, PayPal is also a consumer digital wallet. This means customers can choose to pay using their PayPal balance, linked bank account or saved cards.

However, merchants that want complete control over the checkout experience should note that some PayPal integrations redirect customers to a PayPal-hosted payment page.

Key features:

• PayPal wallet acceptance

• Credit and debit card acceptance

• Bank account payments

• Buy Now, Pay Later options (supported markets)

• Multi-currency balances

• Payment buttons and payment links

• Hosted checkout

• APIs and developer tools

• Seller Protection (eligible transactions)

Information in this section is based on PayPal’s official website as of 24 Sep 2026.

7. SenangPay

SenangPay is best suited to businesses that primarily serve customers in Malaysia and want a straightforward way to start accepting online payments.

Its focus on the local market makes it a practical option for merchants that don't need advanced cross-border payment capabilities or multi-currency support.

Following its acquisition by DOKU, SenangPay is now part of a regional payments group with operations across Southeast Asia. However, the platform itself remains focused on the Malaysian market, supporting payments in MYR and local payment methods commonly used by Malaysian consumers.

Key features:

• Online payment gateway

• FPX online banking

• Credit and debit card acceptance

• E-wallet payments

• Buy Now, Pay Later (selected plans)

• Recurring billing

• Hosted checkout forms

• APIs and eCommerce integrations

Information in this section is based on SenangPay’s official website as of 24 Sep 2026.

8. Stripe

Stripe is well suited to businesses that want the flexibility to customise their payment experience as they grow.

Its extensive APIs and broad product suite make it a popular choice for software companies, digital businesses and merchants with in-house development resources that want to build tailored checkout flows, subscription services or embedded payment experiences.

Beyond payment acceptance, Stripe also offers products for billing, invoicing, fraud prevention and financial reporting. Businesses selling internationally can also use multi-currency settlement to reduce unnecessary FX conversions where supported.

Key features:

• Online payment gateway

• In-person payment acceptance

• Global payment methods

• Multi-currency settlement

• Payment Links

• Hosted Checkout

• Subscription billing

• Invoicing

• Fraud prevention

• APIs, SDKs and developer tools

Information in this section is based on Stripe’s official website as of 24 Sep 2026.

How does a payment gateway work?

Payment gateways handle the behind-the-scenes steps that move money from your customer's account to yours. They work in real time, so you can accept payments securely and keep transactions flowing smoothly.

Here's what happens after a customer clicks "Pay now":

Step 1: Customer submits payment

They enter their card details or choose a local method like FPX, DuitNow, or an e-wallet, and the gateway collects and encrypts this information.

Step 2: Gateway requests authorisation

It sends the encrypted data to the payment processor, who contacts the customer's bank to check for available funds.

Step 3: Payment is approved or declined

The bank responds instantly, and if approved, the transaction goes through and your customer sees a confirmation.

Step 4: Funds are settled

The money moves from your customer's bank to your account minus any transaction fees. Timing depends on the provider and your payout settings.

With Airwallex, this entire process happens securely in the background with built-in fraud detection, chargeback protection and local acquiring connections that improve payment success rates.

You get full visibility into every transaction from your dashboard, so you can manage payments with confidence.

Accept payments from 180+ countries with Airwallex

Airwallex is more than a payment gateway. It combines payment acceptance, multi-currency accounts and global financial tools in one platform, helping businesses reduce complexity as they grow locally and internationally.

With Airwallex, you can:

• Offer more ways to pay. Accept cards, digital wallets, bank transfers and 160+ local payment methods, including DuitNow and GrabPay for Malaysian customers, Affirm for US customers, and Wero for Europrean customers. 

• Reduce unnecessary FX costs. Accept payments in Malaysian ringgit and settle like-for-like in MYR, or receive and hold funds in 20+ currencies without forced conversions.

• Improve payment performance. Airwallex combines gateway, processing and acquiring capabilities in a single platform, helping improve payment acceptance rates while reducing operational complexity.

• Get started quickly. Integrate with Shopify, WooCommerce and Magento using ready-made plugins, or build custom payment experiences with APIs.

• Manage more than payments. Open Global Accounts to receive and hold funds in multiple currencies, pay international suppliers, and reconcile payments and payouts from a single dashboard.

Frequently asked questions (FAQs)

How long does it take to set up a payment gateway?

Set-up time ranges from a few hours for out-of-the-box implementations to a couple of weeks for custom integrations with complex routing and multi-currency set-ups. With an easy-to-use platform like Airwallex, once you get your account approved, you can start accepting payments in just a few hours.

Can I integrate a payment gateway with my existing website or eCommerce platform?

Yes, Airwallex integrates with platforms like Shopify and WooCommerce, so you can accept payments directly through your online store with all transactions managed from one dashboard.

What currencies and payment methods are supported by payment gateways?

Most payment gateway providers in Malaysia support a wide range of payment methods, including major credit cards (Visa, Mastercard), e-wallets (Touch 'n Go, Apple Pay and Google Pay), and local bank transfers through FPX. Airwallex supports 160+ local payment methods, including cards, e-wallets and FPX. You can accept payments in 130+ currencies and settle like-for-like in up to 12 currencies.

Do payment gateways offer fraud protection and chargeback management?

Yes, Airwallex includes real-time fraud protection powered by machine learning, plus tools like 3D Secure, network tokenisation and transaction monitoring that reduce fraud and minimise chargebacks.

How safe are payment gateway services?

Payment gateways take security seriously. Airwallex is PCI DSS compliant and uses strong security that keeps your payments and data safe. The platform includes real-time fraud monitoring, tokenisation and secure data encryption across all transactions.

Is PayPal a payment gateway?

Yes, PayPal functions as both a payment gateway and a merchant account provider. This means it can process payments on your website and also provides the account to hold the funds from those transactions.

Can I use multiple payment gateways for my business?

Yes, many businesses use multiple payment gateways. This strategy, known as multi-gateway routing, can increase payment success rates, provide regional payment method coverage, and offer a back-up if one provider experiences downtime. However, this also adds complexity to your reconciliation process.

Sources:

1. https://stripe.com/en-my/payments

2. https://www.adyen.com/

3. https://www.nttdatapay.com/en/our-business/adaptis

4. https://fiuu.com/

5. https://hitpayapp.com/sg/cross-border-payments

6. https://senangpay.com/

7. https://main.billplz.com/pricing

8. https://www.paypal.com, https://developer.paypal.com/docs/reports/reference/paypal-supported-currencies/